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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2017
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Estimated Useful Lives of Property and Equipment

Depreciation and amortization are computed by the straight-line method over the estimated useful lives of the related assets as follows:



 

Furniture and fixtures

5 to 7 years

Laboratory equipment

3 to 9 years

Computer equipment and software

3 to 7 years

Equipment under capital leases

5 to 10 years



Outstanding Securities not Included in the Computation of Diluted Net Loss

The following table summarizes the outstanding securities not included in the computation of diluted net loss per share:



 

 

 

 



 

December 31,



 

2017

 

2016

Stock options

 

236,484 

 

3,430 

Warrants

 

6,197,681 

 

1,971,058 

Preferred stock

 

3,525,000 

 

780,105 

Convertible notes

 

1,725 

 

Total

 

9,960,890 

 

2,754,593